Gas Distribution Utility Segment
Urban Gas
Project Overview
Operated by Sanya Changfeng Offer Shore Natural Gas Distribution Co., Ltd., CF Energy's urban gas business in Sanya, Hainan, holds the exclusive franchise rights for urban pipeline gas in the administrative region of Sanya City (excluding Yalong Bay area). The construction of Sanya’s municipal natural gas transmission and distribution network began in 1997 and was completed and put into operation in June 2003. The system is designed with a maximum annual gas supply capacity of 537 million cubic meters, achieving city-wide network coverage. To date, the company has constructed 21 natural gas facilities, including 2 valve chambers. The network includes 39.066 kilometers of high-pressure pipelines, 52.692 kilometers of sub-high pressure pipelines, 713.769 kilometers of medium pressure pipelines, and 688.748 kilometers of low-pressure pipelines, totaling 1,494.275 kilometers. The project has seen a cumulative investment of nearly 600 million yuan, serving over 340,000 residential customers and more than 1,000 non-residential customers with an annual gas supply of approximately 60 million cubic meters.
Market Potential
As a crucial component of the Hainan Free Trade Port, Sanya enjoys national-level policy support, including tax incentives and financial innovation, providing a favorable business environment for enterprises. Moreover, Sanya's unique natural resources, such as its beautiful seaside scenery and pleasant climate, offer vast development opportunities for the tourism and real estate industries. Moving forward, as the construction of the Hainan Free Trade Port continues to advance, Sanya's business growth is expected to become more pronounced, showcasing substantial growth potential and highlights. Sanya is poised to become a hotbed for domestic and international business investment. The vast development prospects of Sanya also provide ample growth opportunities for the project.
Gas Distribution Utility Segment
Project Overview
Since 2015, CF Energy has been active in the Guangdong natural gas market, providing natural gas transmission services to large industrial downstream users. The project company, Gaoyao District Hengtai Gas Co., Ltd., was established in 2015 in Zhaoqing City, specifically to supply natural gas to the Zhaoqing Datang Thermal Power Plant. This project was officially commissioned on November 14, 2018, and currently, it has an annual gas transmission volume of approximately 600 million cubic meters.
The first phase of the Datang Thermal Power project includes the construction of two 9F gas-steam combined cycle units, utilizing the world's most advanced Class F heavy-duty gas turbine technology. The nitrogen oxide emissions meet advanced international standards. As part of the infrastructure interconnectivity plans for the Guangdong-Hong Kong-Macao Greater Bay Area, the project significantly enhances the electricity supply security and peak load management capabilities of Guangdong Province. It meets the electricity demand of the load center in the Zhaoqing area, effectively addressing the power shortages in critical areas like the Jinli Jintao Industrial Zone, and improving the safety and reliability of the power grid.
Xiangdong Industrial Park
Project Introduction
In January 2010, CF Energy was granted authorization by the People's Government of Xiangdong District, Pingxiang City, Jiangxi Province, to establish a subsidiary with exclusive franchise rights for the administrative area, newly planned areas, and the ceramic industry base of Xiangdong District for a period of 50 years.
The project's Phase I construction was completed and began gas supply in January 2013, providing pipeline natural gas to over a hundred ceramic enterprises and nearly 100,000 residents within the district.